reputedly

[ri-pyoo-tid-lee]
adverb
according to reputation or popular belief: a reputedly honest man.

Origin:
1680–90; reputed + -ly

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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reputedly (rɪˈpjuːtɪdlɪ)
 
adv
according to general belief or supposition: the reputedly excellent food

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
First there was the exuberant claim about its reputedly great effectiveness in
  preventing cervical cancer.
Bao is reputedly so rich that he would need two trucks to carry around all his
  money.
These are reputedly real answers to questions on science tests.
Riverbeds were reputedly lined with the precious metal but fortunes were
  produced for only a lucky few.
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